The economic impact of small business development center counseling activities in the United States: 1990–1991

Abstract

This article reports the results of the first national study of the economic impact of Small Business Development Center (SBDC) counseling activities. The study analyzed the performance improvements of long-term clients who indicated that the SBCD's assistance was beneficial. Results suggest that the satisfied established business owners and aspiring entrepreneurs who received counseling in 1990 generated over $3.7 billion in new sales and almost 65,000 new jobs in 1991. These performance improvements generated approximately $2.61 in incremental tax revenues for every dollar expended on the entire SBDC program in the US.